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Filing year 2024

PLUMBERS LOCAL UNION NO 1 WELFARE FUND

Long Island City, New York·EIN 11-1538293·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$99.1M
Total assets
$350.6M
Total expenses
$90.7M
Reported officers
15
Mission

TO PROVIDE BENEFITS, INCLUDING MEDICAL, SURGICAL, HOSPITALIZATION, DEATH, DISABILITY, DENTAL, PRESCRIPTION AND VISION BENEFITS TO ELIGIBLE MEMBERS OF PLUMBERS UNION LOCAL NO. 1.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations in New York.

Administrator
Key Employee
75th to 90th percentilevs Mutual & Membership Benefit peers nationwide
$332k
$359k
Base
$259k
Bonus
Other
Benefits
$40k
Administrator
Key Employee
75th to 90th percentilevs Mutual & Membership Benefit peers nationwide
$294k
$318k
Base
$221k
Bonus
Other
Benefits
$40k
Controller
Above 90th percentilevs all sectors nationwide
$287k
$310k
Base
$214k
Bonus
Other
Benefits
$40k
Labor/management Liason
Highest Compensated Employee
75th to 90th percentilevs Mutual & Membership Benefit peers nationwide
$256k
$277k
Base
$183k
Bonus
Other
Benefits
$40k
Operations Manager
75th to 90th percentilevs all sectors nationwide
$191k
$206k
Base
$118k
Bonus
Other
Benefits
$40k
Labor Trustee
Board Member
Above 90th percentile
$141k
$153k
Labor Trustee
Board Member
Above 90th percentile
$133k
$144k
Labor Trustee
Board Member
Above 90th percentile
$129k
$139k
Labor Trustee
Board Member
Above 90th percentile
$127k
$138k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PLUMBERS LOCAL UNION NO 1 WELFARE FUND equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.4%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 18%
from 2023

From $403k in 2023 to $332k in 2024.

$403k
2023
$332k
2024
In today's dollarsEst.
Down 21% in real terms$453k to $359k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 18% from 2023 to 2024, while revenue fell 2%.

$403k in 2023 to $332k in 2024.
  • Controller pay rose 4% from 2023 to 2024.
  • Board Member pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PLUMBERS LOCAL UNION NO 1 WELFARE FUND

What does the Key Employee of PLUMBERS LOCAL UNION NO 1 WELFARE FUND earn?

In 2024, the Key Employee of PLUMBERS LOCAL UNION NO 1 WELFARE FUND received $332,064 in total compensation. This pay is in the top quarter for Key Employee roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at PLUMBERS LOCAL UNION NO 1 WELFARE FUND compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Key Employee at PLUMBERS LOCAL UNION NO 1 WELFARE FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at PLUMBERS LOCAL UNION NO 1 WELFARE FUND equaled 0.4% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are PLUMBERS LOCAL UNION NO 1 WELFARE FUND's revenue and expenses?

In 2024, PLUMBERS LOCAL UNION NO 1 WELFARE FUND reported $99.1M in total revenue and $90.7M in total expenses on its IRS Form 990.

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